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![Penalty not leviable when Assessment itself is Quashed: ITAT [Read Order] Penalty not leviable when Assessment itself is Quashed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg)
Penalty not leviable when Assessment itself is Quashed: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) in Sh. Ravinder Taneja v. ACIT, held that the Penalty imposed on the assessee becomes...